Indonesia: Spark Plug Market 2025

Spark Plug Market Size in Indonesia

After two years of growth, the Indonesian spark plug market decreased by -12.8% to $X in 2022. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Spark plug consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Spark Plug Production in Indonesia

In value terms, spark plug production reached $X in 2022 estimated in export price. In general, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.9% against 2019 indices. The growth pace was the most rapid in 2014 when the production volume increased by 21% against the previous year. Spark plug production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Spark Plug Exports

Exports from Indonesia

In 2022, shipments abroad of sparking plugs increased by 87% to X units, rising for the second consecutive year after three years of decline. Overall, exports enjoyed a strong expansion. Over the period under review, the exports reached the peak figure at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, spark plug exports skyrocketed to $X in 2022. Over the period under review, exports posted a resilient increase. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units), the Netherlands (X units) and Russia (X units) were the main destinations of spark plug exports from Indonesia, with a combined 54% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +27.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for spark plug exported from Indonesia were the United Arab Emirates ($X), the Netherlands ($X) and Japan ($X), together comprising 37% of total exports. Russia, the United States, Singapore, Thailand, Vietnam and Malaysia lagged somewhat behind, together accounting for a further 28%.

In terms of the main countries of destination, Russia, with a CAGR of +26.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average spark plug export price stood at $X per unit in 2022, reducing by -5.4% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 9.4% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.5%), while the prices for the other major destinations experienced a decline.

Spark Plug Imports

Imports into Indonesia

Spark plug imports into Indonesia fell to X units in 2022, waning by -14.3% against the year before. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +11.5% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of 62%. Over the period under review, imports reached the peak figure at X units in 2021, and then declined in the following year.

In value terms, spark plug imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by 56% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Japan (X units), China (X units) and Singapore (X units) were the main suppliers of spark plug imports to Indonesia, with a combined 60% share of total imports. Germany, Thailand, Austria, the United States and Mexico lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +20.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest spark plug suppliers to Indonesia were Japan ($X), China ($X) and Singapore ($X), together comprising 74% of total imports. Germany, Thailand, Austria, Mexico and the United States lagged somewhat behind, together comprising a further 13%.

Among the main suppliers, Mexico, with a CAGR of +34.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average spark plug import price amounted to $X per unit, increasing by 64% against the previous year. Over the period under review, the import price saw a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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